Otis1111 and Onin2downin2...Let me get this straight. You're saying that APDN has a cash-burn rate of $900,000/month, and that the money raised by Sabby will only last them until June. Is that correct?
Furthermore, you claim that because of their cash-burn rate of $900,000/month, they will need to announce another capital raise within the next three months - by the end of June?
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Onin2downin2
Based on your post below, you basically have the same outlook as Otis1111. Is that correct?
All you say is true. Thanks for your effort.
To date, the only stated revenue # is under a $million from vehicles.
An average Mcdonalds franchise does twice that.
Promising and speculating, don’t pay the bills.
Sabby will pick this carcass, till the only thing left is the IP.
There is a sharp difference of opinion on the value of the company.
Wall Streets’ is obviously more important. They think $1.80 is fine.
If the company requires more capital, Sabby owns them.
They have only a few months to deliver.
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